Endeavor Group Holdings initiates $0.06 per share quarterly dividend

On August 31, 2023, Endeavor Group Holdings (symbol EDR), the global sports and entertainment company behind the Ultimate Fighting Championship (UFC), will start paying a quarterly dividend of $0.06 per share in 2023. The dividend yield for EDR is 1.1% at a stock price of $21.89.

Endeavor Group Holdings, Inc. announced that it has declared a quarterly cash dividend in an aggregate amount of approximately $27 million. The dividend to Endeavor’s Class A common stockholders, following the distribution from Endeavor Operating Company to the Company, will be $0.06 per share. The dividend will be paid on September 29, 2023 to Class A common stockholders of record as of September 15, 2023.  The dividend yield for EDR is 1.1% at a stock price of $21.89. 

Endeavor is a global sports and entertainment company, home to many of the world’s most dynamic and engaging storytellers, brands, live events and experiences. The company is comprised of industry leaders including entertainment agency WME; sports, fashion, events and media company IMG; and premier mixed martial arts organization UFC. The Endeavor network specializes in talent representation, sports operations & advisory, event & experiences management, media production & distribution, experiential marketing and brand licensing.